How Risky is It Thursday?

InvestorsObserver analysis gives IOTA a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

InvestorsObserver is giving IOTA a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on IOTA!

Trading Analysis

The risk gauge rank for MIOTA shows the coin is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.

The price of IOTA is 1.02% lower over the last 24 hours, leading to its current value of $0.67. The change in price goes along with volume being below its average level while the coin’s market capitalization has risen during the same time period. The crypto’s market capitalization is now $1,860,954,462.07, meanwhile $69,672,437.34 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give IOTA a low risk analysis.

Summary

Recent price movement of MIOTA gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the coin’s manipulability at the moment.

Click Here to get the full Report on IOTA (MIOTA).

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter

This news is republished from another source. You can check the original article here.

Be the first to comment

Leave a Reply

Your email address will not be published.


*